News

Polimex-Mostostal still struggling

schedule 01 April 2014

POLAND Polimex-Mostostal has published its financial results for 2013.

Investment & finance

Tristan acquires Praha City Center

schedule 01 April 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Tristan Capital Partners has bought the Praha City Center building in Prague for its CCP III fund.

Construction

World’s largest helter skelter for Warsaw

schedule 01 April 2014
Nathan North
managing editor (English section)

POLAND Warsaw mayor Hanna Gronkiewicz-Waltz has announced plans for the construction of the world’s tallest helter skelter in pl. Defilad in the centre of the city.

EurobuildCEE

Five explorers. Six mountains to climb. Six days of a challenge ski touring Greenland’s glaciers

schedule 01 April 2014
Eurobuild CEE

Rafał Nowicki, Piotr Szafarz, Andrzej Tokaj, Tomek Trzósło, Jacek Wachowicz set out on April 4th to tour the Apusiaajik glacier and the peaks of Eastern Greenland.

Retail & leisure

New Era in Radomsko

schedule 31 March 2014
Aneta Cichla

POLAND The Era Park Handlowy retail park has opened near the bus and railway stations at the junction of ul. Sierakowskiego and ul. Warszyca in Radomsko.

HB Reavis seeks Warsaw skyscraper design

schedule 31 March 2014
Tomasz Szpyt-Grzegórski

POLAND Slovakian developer HB Reavis has obtained planning permission for a skyscraper to be developed in the centre of Warsaw and it is now in the process of selecting an architect for the project.

Office & mixed-use development

More stages coming to Bolero Office Point

schedule 31 March 2014
Ewa Andrzejewska

POLAND Tenants have begun to move into the 11,300 sqm Bolero Office Point building on ul. Równoległa in Warsaw’s Włochy district, while Real Management is planning the next few stages of the development via the Bolero Investment SPV company.

CityFit invests PLN 100 mln in fitness clubs

schedule 31 March 2014

POLAND CityFit is planning to open 50 fitness clubs across Poland. The first club locations are in Rzeszów, Wałbrzych and Warsaw.

Kirchhoff Polska to extend Mielec factory

schedule 31 March 2014

POLAND The Industrial Development Agency has granted a permit to Kirchhoff Polska to begin operations in the Euro Park Mielec Special Economic Zone.

Better profits for H&M

schedule 31 March 2014
Aneta Cichla

WORLD After the first quarter of the 2013/2014 financial year, (which began on December 1st, 2013) Swedish clothing company H&M recorded a 12 pct increase in sales in local currencies (including VAT)compared to the same period of the previous financial year.

Ergo Arena in Sopot to be renovated

schedule 31 March 2014
Tomasz Szpyt-Grzegórski

POLAND Hala Gdańsk-Sopot has signed a preferential loan to finance 75 pct of the redevelopment costs of the Ergo Arena in Sopot in an investment estimated at around PLN 5 mln.

Architecture and urban planning

New fountain to be built in Gdańsk

schedule 31 March 2014

POLAND A fountain is being constructed in pl. Heweliusza in Gdańsk between ul. Rajska and ul. Korzenna.

Investment & finance

Ghelamco raises funding for new projects

schedule 31 March 2014
Tomasz Szpyt-Grzegórski

POLAND Ghelamco Invest, part of the Ghelamco group, is preparing a public bond issue worth around PLN 135 mln.

Office & mixed-use development

Tenants move into Atrium

schedule 31 March 2014
Rafał Ostrowski
journalist

POLAND Three companies have recently moved into Atrium International Business Center in Warsaw occupying a total of 1,100 sqm.

Office & mixed-use development

Szklany Dom to be built in Wrocław

schedule 31 March 2014
Rafał Ostrowski
journalist

POLAND Zbigniew Grycan, the founder of the Grycan brand of ice cream, is investing in the Szklany Dom office and retail centre in Wrocław.

Warehouse & industrial

Ideal Automotive in Panattoni Park Stříbro

schedule 31 March 2014
Rafał Ostrowski
journalist

CZECH REPUBLIC Panattoni Europe has started construction work on a new production facility for Ideal Automotive in Panattoni Park Stříbro in western Bohemia.

Investment & finance

Qubix 4 Praha sold

schedule 31 March 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC The ČS nemovitostní fund has bought the Qubix 4 Praha office building in Vyšehrad (Prague 4) for around CZK 950 mln (app. EUR 34.6 mln).

Office & mixed-use development

Renomia moves to Florentinum

schedule 31 March 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Insurance company Renomia has leased 3,000 sqm in the Florentinum building in central Prague.

Investment & finance

Polimex-Mostostal closes sale of head office

schedule 31 March 2014
Nathan North
managing editor (English section)

POLAND Polimex-Mostostal has finalised a deal with Molina, a fund of PKO BP TFI, to sell its head office building in central Warsaw.

Blackstone closes largest ever European Real Estate fund

schedule 31 March 2014
Rafał Ostrowski
journalist

EUROPE Blackstone has closed its fourth European Real Estate Fund at its EUR 5.1 bln cap, the largest ever dedicated European Real Estate fund managed by the company.

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